Report Says That 20% of New iPhone Buyers in the Last Year
Switched From Android
A new report from Consumer Intelligence Research Partners and
found that a full 20% of
) iPhone buyers between July 2012 and June 2013 switched over from
) phone. On the other hand, only 7% of
(OTCMKTS:SSNLF) buyers switched from an iPhone. Additionally, Apple
snagged a full three times as many Samsung users as Samsung did
Apple users: 33% of iPhone purchases were by previous owners of
Samsung phones, while only 11% of Samsung purchases came from
previous iPhone users.
Samsung ended up luring more buyers from
(TPE:2498), Motorola, and
), while Apple had a strong hold on former
) users. For more stats, see
's coverage of the report
Yahoo Appoints New Chairman as Next Step in
Maynard Webb, a former COO of
) and Silicon Valley investor, is officially replacing Fred Amoroso
as Chairman of
(YHOO). Webb was made Interim Chairman of the company in April and
joined the board in February 2012.
The move to replace Amoroso represents the next step in Yahoo's
strong attempt to bring users, viewers, and revenue growth back to
the company, with the charge being led by CEO Marissa Mayer. Once
an industry leader, Yahoo's revenue has come close to stalling in
recent years as both users and advertisers flock to
advertising-savvy sites like Google and
(FB) for online content.
The Zeus Virus Targets Social Media
An essential aspect of computer viruses is that they are constantly
evolving, and the latest major step for viruses utilizes fake
"likes" on Facebook's Instagram to garner buzz for a company or
individual. According to RSA, the security division of information
and virtual infrastructure technologies company
(EMC), the virus known as Zeus, which is widely known for stealing
credit card data, has been updated to create the artificial
"likes." On hacker forums, batches of 1,000 "likes" can go for $30
while 1,000 "followers" can be bought for $15, according to RSA. By
comparison, 1,000 credit card numbers can be bought for as little
as $6, illustrating the growing value of social media as a
marketing tool, legitimate and legal, or otherwise.
The virus, which first appeared over five years ago, now works on
Instagram by controlling infected computers from a central server,
making them "like" specific photos and users.
Facebook bought Instagram for $1 billion last year and has said it
has begun the process of strengthening security around the
photo-sharing app. Instagram has 130 million active users, while
Facebook has nearly 1.2 billion active users.
Nokia Will Launch a Windows Tablet in September
Early this morning, The Verge
that Nokia will launch its first
(MSFT) Windows RT tablet next month with a special New York launch
planned for September 26, according to unnamed sources that are
familiar with the plans. The tablet, which is currently code-named
Vanquish, will be run by a
(QCOM) quad-core Snapdragon 800 processor, and it will include LTE
support. It will be available through
(T). The image seen here is a diagram of the device, posted on
(VZ) variant of the device seems to have also appeared on Digiwo.
One picture shows 10.1-inch tablet that has the same size and logo
placement as Nokia's canceled tablet, which was to be powered by
(NVDA). That device was designed with a battery-equipped keyboard
cover that could serve as a keyboard and stand for the tablet, as
well as a backup battery. It is uncertain whether the new tablet
will carry this feature.
Germany Recognizes Bitcoin as "Private Money" and Will Soon
Have a Sale Tax for It
The German ministry of finance has officially recognized Bitcoins,
the digital currency that was the focus of media attention earlier
this year, around the time of the Cyprus bailout hullabaloo. The
German government has decided to recognize Bitcoins as "units of
account" and therefore, "private money." And, according to the
, the government has said that this means Bitcoin should have no
tax exemption, and that users of the currency should pay not only
capital gains tax, which Germany clarified in June, but sales tax
While this news seems to lend some legitimacy to Bitcoins as a true
currency, it also undermines the original purpose with which it was
designed: to be an unregulated currency that works in exactly the
same way in every country.
Disclosure: Minyanville Studios, a division of Minyanville
Media, has a business relationship with BlackBerry.
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